BCRS, first UK lender awarded Code of Good Conduct

BCRS Business Loans, one of EMN's members, has become the first lender in the UK to be awarded the European Code of Good Conduct for Microcredit Provision.

The code has been introduced to ensure quality across the sector in areas such as customer service, management information, credit management and governance. It also acts a quality mark for individuals and businesses that are looking to access finance.

Welcoming the news Paul Kalinauckas, the chief executive of BCRS Business Loans, said: “We are pleased to have secured this incredible achievement and I am proud of the team for working so hard to position BCRS Business Loans as a trailblazer in our sector. “We believe in supporting smaller businesses access the finance they need and have always been committed to providing excellent customer service. We are the first in the UK to be awarded this Code of Good Conduct and the fifth lender in the whole of Europe.”

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